Upcoming retest MGL

Good fundamental ratios, results , good dividend pay outs , debt free. need to close above previous month high and breaking the high of august month again will be a momentum run trade.

Remember : You don't have to participate every party just wait and take invitation those from that you will be extremely happy by trading. Implement a techno fundamental system where you can see amazingly the price action works according to the company's performance and tech chart. Price move without significant volume is not trust worthy. when i realized this i had totally changed my entire trading system.

Happpy Trading guys

註釋

as said above next move started in mgl , this will meet 1011-1068 range. or partial book profit before june qtr result . company is still have consistent profit but ffis and diis have consumed their inventory fully. march 23 qtr also have a chance to accumulate by them. after all may after june 15 th 2023 they will start to liquidate their positions. because they dont have much shares to buy from market. go to screener and see how they are accumulated stock. its damn full their bucket. April or may month will be the possible high then after in june they will start to distrubute till end of dec 2023. and further move will depend up on the growth of first two qtr of 2023 ie june and sep 23